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to and in, on the other hand you are contributing more to a problem or as much to the problem of the big deficit. >> government cannot create wealth. we came out of three years where government has told us by spending massive amounts, it could actually create jobs and hence create wealth. we've seen it work. >> history is full of examples. reagan years saw tax cuts and growing economy. clinton years saw tax hikes and growing economy. economic trends a culmination of trillions of exchange of goods, services and money. no one person, no president and no economist can predict with certainty where a tax policy leads. wrong predictions or a foundation of economic study. >> the science of economics is looking what unintended consequences. >> one consequence, they made a tax on luxury goods, jewelry over $10,000. of cars over $30,000 and on boats have over $100,000. it was seen as a way to raise revenues by targeting the wealthy. as a result, car importers lost 20% of the market share and pleasure boat industry laid off 19,000 blue collar workers. so there are answers but few guarantees of succ
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